If IOTA was on the exchange, imagine what would be happening right now in trollbox and how the price chart would look like
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Finally something tangible. So this pretty much will silence all the doubters?
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To touch on what RLH is saying:
1. Yes we want to release a 'complete product' so to speak. And to be sure: the 'delays' are not really 'delays' (with exception of outsourced GUI team being unreliable), in this entire period we have optimized IOTA and tested it. So while it may look like there's been considerable delays, in reality there has not been.
2. IOTA was always IoT technology, where GUI is 100% insignificant, so those who make this a focal point of the discussion has completely misunderstood what they have purchased. The reason I repeat this ad nauseam is precisely because for IOTA to succeed we need people focusing on applying IOTA in the real world.
3. We've also held back the official blog until we were ready to launch, so that when everything is ready to go we can go right into the real world and leave this quicksand that is the typical crypto-speculative world behind entirely and only focus towards the real world.
4. There's a lot of exciting news on the horizon for IOTA that will be announced shortly.
5. Instead of sitting around waiting everyone should rather approach businesses, start-ups, meet-ups and events that might have use for the technology. We'll help you out with the required material.
Thanks for the information and good luck with releasing IOTA.
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Time for an update Overall the project and start-up that is Jinn is very much healthy. We have had a few unforeseen setbacks, mainly 2 outsourced teams we had to fire as well as the crypto-crash that swallowed 50% of our funds, but with everything taken into consideration we are very proud of what we have achieved thus far. We are extremely excited about the future propects of Jinn. We are still pretty much en route for the ETA we set late 2014 for the prototype. However we naturally expect some delays will happen, as is always the case, especially with projects that are both hardware and software, but overall we are very optimistic and confident that we will succeed in all the main goals.
https://nxtforum.org/news-and-announcements/(ann)-jinn/msg189249/#msg189249According to the 'powers that be' at Ryver the GUI will be done this week and a fully functional system within a week or two (at the latest. This week is entirely possible). The delay is reported to be due to the design form chosen losing a staffer and surprisingly unprofessionally not being able to deliver the GUI. A new designer has been chosen and is working on it.
bah! what a coincidence
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I see we are saying "days", and its been weeks. And looks like uts gonna be weeks still. So where are we getting "days"?
This is not surprising at all. Just look at Jinn project. These guys will always delay things and never release anything substantial. And if you doubt them, you will get insulted. I wish this wasn't the case. Pretty much anyone who throwed their money here, should have done their due diligence and by now know how high the risk was.
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Not long time ago I opened their thread and in the very last post CfB said that he deleted a few posts. I guess it should be enough proof that the posts are deleted from there - the lead developer, my great Belarusian friend said himself that he deleted them.
CfB moderated only 1 paragraph which contained insults. He reposted the content of the deleted messages. Nothing bad there.
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Buy it with your lunch money. Sell at launch. Have enough lunch money for a week.
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The only reason i still haven't install this app on my android phone is permissions. And i was here from the beginning, but still waiting for a fewer permissions required.
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Guys what was the original IPO price?
Will this coin be trading this week and is poloniex only exchange where it will be traded? I see an announcement on their web site.
Thanks
I believe it was around 50k SAT (on BTC price at IPO) or 0.30 USD I hope for some waves and trade an active market to make some $$$. Would be cool if there would some ETH Futures on OKCoin tradable with leverage So ROI according to current price is 9x ?
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P.S. When ZSSR went bankrupt, their public debt was 0. If USA - most capitalistic country in the world should have debt of zero, it would be history. USA is not a capitalistic country as it once was in 19th century. The question is how to sustain that freedom and freemarket so that it will not mutate towards dictatorship.
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Over the last 8 months BitShares BitUSD price has been fairly stable at $1 but also had some spikes from $0.85 to $1.15. Now do some simple math and think about it. I don't know about you, but i feel like i missed out on some opportunities.
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It seems BItshares is suffering a catastrophic collapse. It has plunged in value over the last few days and fallen to #6. I suspect this is due to multiple reasons.
Imo, the main cause of this is because Bitshares(TM), the company, is in fact a "company" in the truest sense of the word. Look at how many "companies" fail in the first few years of operation. The mass majority fail. Now compare this to decentralized movements. If Bitshares(TM), the company, fails, then the current Bitshares' blockchain becomes entirely worthless. In comparison to a truly decentralized movement, there is no "company" that controls the blockchain and imo, this removes the inherent risk of the "company" failing and taking the blockchain down with it.
I don't bring up Bitshares losing its #5 marketcap spot to gloat, but instead to reinforce, imo, the risk of "investing" in centralized systems. I started this thread in the hope that it would prevent people from losing money. It doesn't make me happy to see this occurring.
And all these "truly decentralized movements" don't fail.. ever . Besides, the collapse is not catastrophic . It's just the whole crypto is in a bear market and all coins/assets suffer. BitShares got the largest hit, because it was overvalued the most, and relied on chinese market heavily. How is BitShares more centralized than any other Bitcoin 2.0 project?
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BitShares, Bitcoin and NXT. Then Ethereum and Ripple.
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The whole thing is a fugazzi anyway, what is Bitshares buy support on poloniex, 11 btc? Yet we're told this is a 26 million dollar asset?
Even on day #1 most of the volume came from China. It's probably just that investment fund in Shanghai manipulating left and right. No real user adoption at all. The main market for BTS/BTC was on bter.com which recently was hacked. NXT and Nubits also were hurt by this badly in terms of volume. If you look at bitsharestalk.org forum, there are quite a lot Chinese members, so it's probably not just some fund manipulation, but the actual people buying and selling BTS.
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It will take some time to reach parity with Bitcoin ;-) what you are seeing now is nothing compared with what you will be seeing when the masses figure out what instantX has brought. It is the revolution of crypto currency making it better than any payment method existing, including credit and debit cards
How is it revolutionary? Ripple and BitShares have fast confirmation times for a long time. What else does InstantX provide? How fast? Recommended Confirmation Time: 1 block (10 secs) for BitShares, 1 block (10 secs) for Ripple. http://wiki.bitshares.org/index.php/BitShares/Why_BitShares
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It will take some time to reach parity with Bitcoin ;-) what you are seeing now is nothing compared with what you will be seeing when the masses figure out what instantX has brought. It is the revolution of crypto currency making it better than any payment method existing, including credit and debit cards
How is it revolutionary? Ripple and BitShares have fast confirmation times for a long time. What else does InstantX provide?
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1) NXT 2) Bitshares 3) Ethereum 4) Ripple 5) Bitcoin
Bitshares, Ethereum, Bitcoin, NXT, Ripple.
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Personally, I think FinCEN and the SEC have NuBits and BitShares under a microscope... And you will eventually see very public trials of the individuals responsible.
Why BitShares?
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Do you even know what proof is? the peg is maintained with US dollars. there are exchanges that have NBT/USD trading pairs and that's where the peg is originally maintained. The NBT/BTC traiding pairs are just some random internet people doing arbitrage. Where are those exchanges?
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